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Updated almost 6 years ago on . Most recent reply

Dwayne Lee's profile image
Dwayne Lee's profile image
Dwayne Lee
  • Rental Property Investor
  • from Jersey City, NJ
  • Member since Sep 5, 2018
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Dwayne Lee's profile image
Dwayne Lee's profile image
Dwayne Lee
  • Rental Property Investor
  • from Jersey City, NJ
  • Member since Sep 5, 2018
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Dwayne Lee
  • Rental Property Investor
  • Jersey City, NJ
2
Votes |
10
Posts
General Real Estate Investing

How should I invest 40k ?? Flip? Rental? Notes?

Dwayne Lee
  • Rental Property Investor
  • Jersey City, NJ
Posted

I’m going to refinancing one of rental properties very soon and should be able to pull out up to 40k. Looking for some ideas of what you guys would do with it and how you would invest it. Would you put Into another rental ? Use it for a flip? Or do something different with it. Looking for your thoughts and ideas

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Tyler Kaye's profile image
Tyler Kaye's profile image
Tyler Kaye
  • Rental Property Investor
  • from Vancouver, WA
  • Member since May 5, 2014
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Tyler Kaye's profile image
Tyler Kaye's profile image
Tyler Kaye
  • Rental Property Investor
  • from Vancouver, WA
  • Member since May 5, 2014
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Tyler Kaye
  • Rental Property Investor
  • Vancouver, WA
29
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113
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Tyler Kaye
  • Rental Property Investor
  • Vancouver, WA
Replied

For me and my plans, I would find another rental property.  Preferably couple that with some other capital and get a multi-family property with multiple doors to start growing my portfolio.

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